Budget will ease coronavirus damage to economy, says Chancellor Rishi Sunak

Rishi Sunak (pictured in Downing St last month) warned that UK plc is set for a ‘shock’ as the killer disease spreads around the globe The Budget will stop coronavirus wreaking permanent damage to the economy and give the NHS ‘whatever it needs’, the Chancellor vowed today. Rishi Sunak warned that UK plc is set … Read more

Sunak ‘can’t afford big giveaways’ 

Sunak ‘can’t afford big giveaways’ By Neil Craven, Financial Mail on Sunday Published: 23:46 GMT, 7 March 2020 | Updated: 23:46 GMT, 7 March 2020 Rishni Sunak could have little room for major tax giveaways in this week’s Budget, according to a group of influential economic analysts. The ITEM Club forecast a surplus of just £5billion … Read more

Chancellor Rishi Sunak vows to protect the economy from coronavirus

Chancellor Rishi Sunak vows to protect the economy from coronavirus with support for businesses in case employees fall sick Rishi Sunak suggested his financial plan would now focus on ‘economic security’ He added that he was ‘not daunted’ by the challenge of protecting UK’s finances Said the country is ‘well prepared’ and would ’emerge on the … Read more

Chancellor Rishi Sunak will axe the tampon tax in his first Budget 

End of the tampon tax: Chancellor Rishi Sunak will axe the unpopular levy on sanitary products in his first Budget Widely-unpopular levy will be axed when Britain exits the transition period EU law has prevented members from reducing rate below five per cent It treated tampons and sanitary pads as luxury items and not essential … Read more

ALEX BRUMMER: Rishi Sunak is on a tricky flight path

ALEX BRUMMER: Rishi Sunak is on a tricky flight path as coronavirus picks his pocket before first budget By Alex Brummer for the Daily Mail Published: 21:51 GMT, 6 March 2020 | Updated: 21:51 GMT, 6 March 2020 The collapse of Flybe into administration is a crisis for the airline’s millions of passengers and its … Read more

Come on Chancellor Rishi Sunak, brew up a new pensioner bond

Campaigners are calling on the Government to deliver a lifeline to savers in the Budget. National Savings and Investments (NS&I) last month announced cuts to more than a dozen products, while interest rates offered by High Street banks and building societies have been in freefall for months. Money Mail has long demanded better rates to … Read more

Will Rishi Sunak be brave enough to get rid of the UK’s 60p tax rate?

SIMON LAMBERT: Will the Chancellor be brave enough to get rid of Britain’s 60p tax rate? By Simon Lambert for Thisismoney.co.uk Published: 06:00 GMT, 27 February 2020 | Updated: 09:00 GMT, 27 February 2020 It’s high time that Britain got rid of its 60p tax rate, but will the new Chancellor be brave enough? The … Read more

John McDonnell mocks Rishi Sunak as ‘deputy chancellor’ to No 10 aide  Dominic Cummings

John McDonnell mocks Rishi Sunak as ‘deputy chancellor’ saying No 10 aide Dominic Cummings is in real control of the Treasury ahead of this month’s Budget By David Wilcock, Whitehall Correspondent For Mailonline Published: 09:36 GMT, 1 March 2020 | Updated: 10:18 GMT, 1 March 2020 Rishi Sunak was mocked as ‘deputy chancellor’ today by … Read more

Chancellor Rishi Sunak plots a pension lockdown under plans to delay the age to 57 

Millions of savers could have to wait another TWO YEARS to dip into their pensions under amid controversial Treasury plans to raise age for cashing in to 57 Chancellor Rishi Sunak under pressure to raise the minimum pension age to 57  Mr Sunak is due to deliver his first Budget in just weeks on March … Read more

Chancellor Rishi Sunak putting up fuel duty would be ‘flashing V-signs’ at ordinary voters

Putting up fuel duty in the Budget would be the equivalent of ‘flashing V-signs’ at ordinary voters, a senior Tory warned last night. Chancellor Rishi Sunak is said to be considering ending the ten-year freeze on fuel duty in next month’s Budget as he tries to find the cash to pay for Boris Johnson’s spending … Read more